economy carter

economy carter - Pledged to eliminate federal deficits but...

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Economy Received it with high unemployment and inflation Attempted to create prince controls that would keep prices lower but disagreements with congress left it useless 4.8 percent annual inflation in 1976 but 12 percent in 1980
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Unformatted text preview: Pledged to eliminate federal deficits but deficit grew from 27.7 billion to 59 billion from 1979-80 Decline in worker productivity accompanied with rise in competition from Germany and Japan...
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